How Much Does a Head Of Credit Risk Make in Virginia?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Head Of Credit Risk in Virginia is $159,035. While Salary.com is seeing that Head Of Credit Risk salary in VA can go up to $191,211 or down to $120,554, but most earn between $138,893 and $175,877. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, and your experience levels. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
25% $138,893 10% $120,554 90% $191,211 75% $175,877 $159,035 50%(Median)
Related Job Titles to Head Of Credit Risk
Credit Risk Manager
$124,705
Virginia
Per Year
Credit Risk Officer III
$104,719
Virginia
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Credit Risk Officer II
$87,679
Virginia
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Credit Risk Control Manager
$124,800
Virginia
Per Year
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Similar Job Salaries to Head Of Credit Risk by Company

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Company average base salary in (usd) range
Locus
Credit Risk Officer II
$90,852/yr
$80,673
$101,030
RANGE: $80,673 - $101,030
Navy Federal Credit Union
Senior Risk Analyst (Mortgage Credit Risk)
$112,225/yr
$103,116
$121,333
RANGE: $103,116 - $121,333
Veritas Partners
Risk Management Credit Card Specialist
$117,848/yr
$106,190
$129,505
RANGE: $106,190 - $129,505
Navy Federal Credit Union
Senior Data Scientist (Credit Risk Management)
$116,255/yr
$105,419
$127,091
RANGE: $105,419 - $127,091
PenFed Credit Union
Senior Data Scientist, Credit Risk Modeling
$118,720/yr
$107,852
$129,588
RANGE: $107,852 - $129,588
capitalone
Manager, Quantitative Analysis - Credit Risk Ratings
$95,667/yr
$86,458
$104,876
RANGE: $86,458 - $104,876
Capital One
Manager, Quantitative Analysis - Credit Risk Ratings
$104,128/yr
$93,436
$114,819
RANGE: $93,436 - $114,819
capitalone
Sr. Business Analyst - Consumer Credit Risk Management, Forecasting & Reporting
$103,762/yr
$95,363
$112,161
RANGE: $95,363 - $112,161
$151,780/yr
$138,093
$165,466
RANGE: $138,093 - $165,466

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Top 10 Highest Paying Cities For Head Of Credit Risk Jobs in Virginia

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Head Of Credit Risk can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Head Of Credit Risk job salaries in Virginia. Some cities can pay higher salaries for Head Of Credit Risk jobs, which can indicate that there is a large demand for Head Of Credit Risk positions in this city.
The following table shows top 10 cities where the Head Of Credit Risk salary is higher than other cities in Virginia. Arlington takes first place in this list, followed by Alexandria, Annandale. The Head Of Credit Risk salary is $174,860 in Arlington, which is higher than the national average. There are 5 cities' Head Of Credit Risk salary higher than national average in Virginia.
The average salary for a Head Of Credit Risk in Virginia is $159,035, but we found that the city with the highest salary for Head Of Credit Risk jobs is Arlington, VA, and it is higher than Alexandria. Head Of Credit Risk jobs in Arlington can have the opportunity to earn higher salaries than in other cities in Virginia.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Arlington $174,860 $14,572 $3,363 $84
Alexandria $174,860 $14,572 $3,363 $84
Annandale $174,860 $14,572 $3,363 $84
Reston $174,544 $14,545 $3,357 $84
Centreville $174,228 $14,519 $3,351 $84
Richmond $153,697 $12,808 $2,956 $74
Petersburg $153,223 $12,769 $2,947 $74
Virginia State University $153,223 $12,769 $2,947 $74
Virginia Beach $150,507 $12,542 $2,894 $72
Newport News $148,470 $12,372 $2,855 $71

What Does a Head Of Credit Risk Do?

Responsible for the development and implementation of the policies and procedures to mitigate the credit risk within the bank.
Updated December 22, 2021
Ensure that GIC’s risk management framework and guidelines remain effective in managing the credit risk of trading counterparties and service providers.
Updated December 21, 2021
Manage all credit risk aspects of the SME and Corporate portfolios reviewing and amending Criteria where necessary in order to ensure that the business is in line with the agreed Risk Appetite for the portfolio.
Updated December 20, 2021
At least 18 years of relevant credit approval and risk management experience including proven track record in a leadership role gained at top-tier financial services firms.
Updated December 19, 2021
This will include overseeing a team responsible for the CCP credit risk portfolio as well as leading the CCP risk advocacy in partnership with JP Morgan’s businesses.
Updated December 19, 2021

Frequently Asked Questions About a Head Of Credit Risk Salaries

What is the average of a Head Of Credit Risk in Virginia?

The Head Of Credit Risk salary range is from $138,893 to $175,877, and the average Head Of Credit Risk salary is $159,035/year in Virginia. The Head Of Credit Risk's salary will change in different locations.

Which location pays the highest Head Of Credit Risk salary in the United States?

The Head Of Credit Risk salary in San Jose, CA is $199,197 which is the highest in the US.

What kinds of reasons will influence the Head Of Credit Risk's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of Head Of Credit Risk.

What is the growth rate of the Head Of Credit Risk's salary?

If you are thinking of becoming a Head Of Credit Risk or planning the next step in your career, find the detailed salary report of a Head Of Credit Risk.